Author: SGB Media

Execute Sells Academy Snowboards Back to Original Owners

February 5, 2007 SGB Update

Execute Sports Inc. completed the sale and transfer of the Academy Snowboard brand back to its original owners. Academy Snowboards was acquired in 2006 as part of the Pacific Sports Group, Inc. acquisition. In November, “after a year of disappointing sale

Gander Pulls Realistic Airsoft Guns Off Shelves

February 5, 2007 SGB Update

Gander Mountain Company is pulling realistic replica guns from its stores in Minnesota and will sell only airsoft guns that are obviously and unmistakably toys. Gander Mountain will phase out realistic replica guns, in favor of the obvious toy guns, in al

adidas Expects Reebok to Hit $5 Billion

February 2, 2007 SGB Executive

adidas expects growth overseas, especially in Asia, to push sales at Reebok to roughly $5 billion from their current $3 billion, over the next three to five years. They also expect to cut costs across the company by about $113 million this year. That will

Under Armour Q4 Sales Increase 55%; Ups 2007 Guidance

February 1, 2007 SGB Executive

Under Armour, Inc. net revenues increased 55.0% in the fourth quarter to $135.3 million compared to net revenues of $87.3 million in the fourth quarter of 2005. The Company reported $9.3 million in footwear revenues. Fourth quarter net income increased 69

Hanesbrands Income Falls on Restructuring

February 1, 2007 SGB Executive SGB Update

Hanesbrands Inc. total net sales in the fiscal second quarter were $1.13 billion, a 4.3% decrease from $1.18 billion in the year-ago quarter. Net income for the quarter decreased 77.6% to $23,794 compared to $106,012 for the same period last year. Accord

Wolverine Wins Eighth Consecutive Plus Award

February 1, 2007 SGB Executive

For the eighth year in a row, Wolverine has been awarded the Plus Award for excellence in design in the work footwear category. Wolverine will be honored with its Plus Award at the World Shoe Association (W.S.A) Show in Las Vegas…

Bikes Belong Announces First Round of 2007 Grants

January 31, 2007 SGB Update

The first Bikes Belong grants of 2007 have been awarded to five bicycling projects. The funding support for these paths, trails, and advocacy initiatives will help create new places to ride in communities across the country.

Loki Receives U.S. and E.U. Patents

January 31, 2007 SGB Update

The U.S. patent and Trademark Office recently awarded Loki a utility patent for its Loki Mitt design. Meanwhile, the European Patent Office issued acceptance for patents on both the LOKI Mitt & Loki Face Shield designs for the E.U…

OIA Announces Award Recipients

January 31, 2007 SGB Update

Outdoor Industry Association announced the recipients of the 2007 Outdoor Industry Ambassador Award and Outdoor Industry Innovator Award, as nominated by the outdoor industry and then selected by OIA’s Board of Directors. OIA has awarded Atlas Snow-Shoe C

Black Diamond Wins REI Vendor of the Year

January 28, 2007 SGB Update

Recreational Equipment, Inc. announced its 2006 vendor partnership awards today at the winter Outdoor Retailer trade show. Black Diamond received top honors as REI's Vendor Partner-of-the-Year. The annual awards program, established in 1993, recogniz

VNU Changes Name to The Nielson Company

January 24, 2007 SGB Executive SGB Update

VNU, the parent company of the Interbike and Outdoor Retailer trade shows, has changed its name to The Nielsen Company. Along with the re-branding of its parent company, Interbike also announced that new leadership, staff and Internet resources have been

Cloudveil Hires Two New Sales Agencies

January 24, 2007 SGB Executive SGB Update

Cloudveil hired two new sales agencies. Nan Hanks and Associates will cover the Southeast territory for Cloudveil’s outdoor and ski categories, and Charlie Perkins and Matt Linnevers will take on the outdoor, ski and angling lines in the Great Lakes terr

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